September 1, 2020
New York, NY – Kinderhook Industries, LLC (“Kinderhook”), a leading private equity firm specializing in middle-market control investments in the healthcare services, environmental / business services and automotive / light manufacturing sectors, announced today that it has successfully completed a recapitalization of Kinderhook Capital Fund III, L.P. (the “Fund”), a $300 million committed capital, 2009 vintage fund. AlpInvest Partners and affiliated investors (“AlpInvest”), a leading player in the private equity secondary market, led the transaction and is now the largest investor in the Fund.
Evercore served as financial advisor and Kirkland & Ellis LLP served as legal counsel to Kinderhook. Ropes & Gray LLP served as legal counsel to AlpInvest.
+1 (212) 813-4839
For additional information about this transaction, please contact: